Solved

Which of the Following Entitles a Creditor to Perfection of a Security

Question 100

Multiple Choice

Which of the following entitles a creditor to perfection of a security interest under the Personal Property Security Act?


A) the point in time when the creation of a security interest by entering into a security agreement with the debtor
B) the point in time when value is given under the contract to the debtor
C) the point in time when the creditor obtains a claim against the assets
D) the point in time when the creditor takes physical possession of the property used as security such as share certificates or bonds
E) The point in time when the creditor searches the title of the asset through the PPSA registration system

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents